China Has Failed to Keep Its Overcapacity Promise

“Globalization on the Skids” cites U.S. tariffs on Chinese steel imports as an example of trade protectionism. The tariffs were imposed on imports that were proved to be illegal under U.S. trade laws.

Oct. 18, 2016 2:27 p.m. ET

“Globalization on the Skids” (page one, Oct. 7) cites U.S. tariffs on Chinese steel imports as an example of trade protectionism. In fact, the tariffs were imposed on imports that were proved to be illegal under U.S. trade laws after lengthy and thorough investigations.

For more than a decade, China has pledged to address the crisis of overcapacity in the global steel industry. Yet today, because it is a command economy not subject to market forces, China still produces 49% of the world’s total steel production. Much of...